Ho Chi Minh City attracted a combined 1.6 billion USD in foreign direct investment (FDI) in the first five months of 2020, or 57.67 percent compared to the same period last year.]]>Posted: Fri, 05 Jun 2020 15:31:41 +0700

How the EVFTA and EVIPA will help Vietnam lure investment

The approval by the Vietnamese National Assembly of the EU-Vietnam Free Trade Agreement (EVFTA) and the EU-Vietnam Investment Protection Agreement (EVIPA) is a historic achievement. It represents an extraordinary step ahead in the relations between the European Union and Vietnam, and it embodies the most appropriate way to celebrate 30 years of diplomatic relations.]]>Posted: Fri, 05 Jun 2020 14:06:56 +0700

Positive scope ahead in amended Law on Investment

Amongst the numerous revisions included in the draft amendments of the Law on Investment, the expansion of investment capital and the “negative list” approach towards market access are two features less-frequently mentioned but expected to create significant changes for investors. Nguyen Hung Quang, and Pham Thi Ha Van, lawyers at NHQuang&Associates, write about what this means for foreign investors in Vietnam.]]>Posted: Fri, 05 Jun 2020 09:55:31 +0700

ASEAN to limit tariff barriers to restore regional economies

Minister of Industry and Trade Tran Tuan Anh said trade barriers, including tariff and non-tariff restrictions, should be limited to restore the economies of ASEAN members amid the COVID-19 pandemic.]]>Posted: Fri, 05 Jun 2020 07:53:56 +0700

Workers are returning to work, for now

Some 70,000-80,000 workers across the country have returned to work since the mass disruption caused by the novel coronavirus in Viet Nam, said Deputy Minister of Labour, Invalids and Social Affairs (MOLISA) Le Van Thanh at an online conference held on Wednesday to discuss and share experience in job creation and sustainable business in the new normal [after COVID-19].]]>Posted: Thu, 04 Jun 2020 09:04:38 +0700

Hanoi commits to creating stable environment for Thai businesses

A Hanoi leader has pledged to create a stable environment for Thai businesses to engage in long-term investment and business operations in the city, calling for more firms from the neighbouring country to invest in Hanoi.]]>Posted: Wed, 03 Jun 2020 16:13:01 +0700

Vietnam accelerates normalization of economic and social activities

Following 48 straight day period without new cases of Covid-19 infection, the majority of social activities have returned to normal, said Prime Minister Nguyen Xuan Phuc.]]>Posted: Wed, 03 Jun 2020 16:12:07 +0700

The e-commerce market is looking at two high-calibre developments with the merger of Tiki and Sendo and the entry of heavyweight competitor Facebook. While the merger would consolidate the two parties into a major competitor, it may hit a roadblock by breaking antitrust regulations – Facebook’s entry, however, is sure to rearrange the landscape.]]>Posted: Wed, 03 Jun 2020 09:41:27 +0700

PPP draft details key sector focus

Investors will be allowed to pour money into five groups of projects under the form of public-private partnerships in Vietnam as per a related law that offers an international-standard dispute resolution mechanism.]]>Posted: Wed, 03 Jun 2020 09:39:30 +0700

Vietnam seeks Japan’s US$500-million loan to address Covid-19 impacts

Japan has been a major donor of official development assistance (ODA) to Vietnam, estimated at US$24 billion, or 26.4% of total borrowings of the Vietnamese government.]]>Posted: Wed, 03 Jun 2020 07:37:03 +0700

CIEM finds bottlenecks in easing after COVID-19 pandemic

The Central Institute for Economic Management (CIEM) identified the slow reform of investment procedures as a bottleneck of the local economy amid the easing of measures after the COVID-19 pandemic.]]>Posted: Wed, 03 Jun 2020 07:27:40 +0700